Does China Control The EV Revolution?

After the non-starter EV revolution of the late nineties was crushed by its own architects , hybrids came along to give us a halfway house toward the end of vehicular pollution. But finally, as 2020 draws ever closer, auto manufacturers like Tesla , Nissan ( TYO:7201 ) and, ironically, GM ( NYSE:GM ) have been followed by an explosion of startups to put us decidedly on the road to zero-emission utopia. This supply of EVs comes at a critical point, as more and more countries are setting deadlines for the end to the sale of internal combustion engine (ICE) powered vehicles. Some of these deadlines are more ambitious than others, ranging from 2025 in Norway to 2040 in the UK. Even Norway’s target allows seven years until the ban is in place, which seems easily attainable when we factor in Volvo’s ( STO:VOLV-B ) commitment to production […]